Course Introduction

The contract management training course focuses on the monitoring and administrating the contract. The contract is a binding agreement which comprises expectations of two or more parties. It is necessary to scrutinise the contract very closely in order to increase the benefits and diminishes the risks. Contract management helps to ensure that the involved parties are fulfilling their promises and strictly following the conditions. During the training program, the delegates will learn the creation, execution, analysis for maximising the financial and operational performance and risk management effectively. They will also gain an understanding of important tactics and skills to manage the contract successfully. 

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What's Included

Find out what's included in the training programme.

Course Content

Role and Value of Procurement Contracts

  • Definitions
  • Importance of contract
  • Relationships
  • Contract Life-cycle
  • Stages of contract management

Creation of a Procurement Contract

  • Agreement
  • Consideration
  • Intent

People and Authority

  • Principals
  • Agents
  • 3rd Parties and Privacy

Legal Concepts of Procurement Contracts

  • Framework and Key Components
  • Dispute resolution

Procurement Contract Construction

  • Essential Clauses and Misrepresentation
  • Breach
  • Damages
  • Exemption Clauses

Managing the Procurement Contract

  • Vitiation
  • Mistakes
  • Discharging a contract

The Procurement Contract in Context

  • Strategy
  • Options
  • Tendering Process
  • Trending request and responses
  • Evaluation

Procurement strategy

  • Process of selecting and identifying a procurement strategy
  • Principles
  • Risk and Costing Models
  • Intellectual Property Rights

Solicitation

  • Planning
  • Source selection
  • Administration
  • Documentation
  • Closure
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Delivery Methods

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Contract Management Training Course Enquiry

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Reach us at 44 161 768 4797 or info@datrixtraining.com for more information.

Course Schedule

Select Your Location

Northampton from £2744
Virtual from £1094
Leeds from £4394
Newcastle from £4394
Manchester from £3844
Chorley from £4394
Liverpool from £4394
Crewe from £4394
London from £3294
Preston from £2744

FAQs

What are the prerequisites for this course?

It is recommended that you should have some experience in working with project management methodologies.

What is the experience of the instructor(s) delivering my course?

All of our instructors at Datrix are accredited and have over ten years of experience worldwide.

What time shall I arrive at the venue?

Please arrive the venue at 08:45 am.

How can I find more information?

If you wish to know more information about our courses, please contact us on 0800 781 0626 or send us an e-mail on info@datrixtraining.com

What does Datrix provide with the course?

Datrix provides materials, a highly skilled trainer and refreshments along with the training.

What will you learn in this Course?

  • Learn contract management terminology and key principles of contract management
  • Importance of effective contract management
  • Become familiar with different stages of the contract management
  • Subcontracting, developing strategic alliance and outsourcing, scope of work, procedure, management and agreement philosophy
  • Ethical issues related to contracting and role of contracting in the projects
  • Understand the obligations can meet and correct language to use
  • Become familiar with the different fundamental criteria
  • Necessary skills and techniques to maintain the better relationships with the partner and reduce risk in contract delivery
  • Negotiate, renegotiate and terminate contracts

Who should attend this course?

People who can attend this contract management training course are:

  • Those working in small or large organisations, entrepreneurs, government and commercial entities
  • Those who involved in managing contractual relationship
  • Project Managers
  • Contract Administrators
  • Procurement Managers
  • Marketing Managers
  • Sales Managers
  • Managing Directors